Facts: Flipkart is #1 in India e-commerce similar to Amazon.com with revenues of 2,952,047,581 (2.9 billion) USD for 2017. India is #7th economy in the world as of 2018.

Analysis: For 2.9 billion in revenue, income in the future should be around 10%/ 290 million if ran very professionally. India being the 7th economy is bound to grow, $16 billion usd acquisition is for 77% of the company which values the company at $21 billion USD.

$290 million income for $21 billion USD. Taking growth into account, it is still quite pricey. Amazon may be buying at the top of this decade.

Conclusion: Sell, Walmart could be over-acquiring startups and not innovating within.